• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Telegram will release its own currency on the TON platform

Telegram will release its own currency on the TON platform

user avatar

by Eve Adams

2 years ago


Starting June 12, the Telegram messenger will introduce an internal currency, Telegram Stars, for purchasing digital goods and services in bots and mini-apps. The company has notified developers about this innovation.

This initiative follows a warning from Apple regarding a violation of App Store policies, which prohibit accepting internal payments, including cryptocurrencies. Otherwise, bots and mini-apps could be removed.

Users will be able to purchase the new currency on the App Store or Google Play and use it for digital purchases. Payments for physical goods and services will remain unchanged. Developers will be able to withdraw Telegram Stars through the TON blockchain at any time.

Bot owners reacted negatively to the news, pointing out the 30% commission Apple takes from each payment.

It turns out that Telegram earns dollars from users who buy Telegram Stars, and then gives developers and bot owners tokens in the form of the unstable TON currency,wrote the author of the channel "Marzaganov Broadcasting."

"Kod Durova" suggested that the old scheme for purchasing digital goods and services would remain available in app versions downloaded outside the App Store and Google Play.

Previously, Telegram founder Pavel Durov reported that Apple had demanded to restrict access to content for Ukrainian users on iOS.

In April, at the Token2049 conference, Durov announced the possibility of purchasing digital goods with cryptocurrency in Telegram, promising sellers 70% of the revenue. The messenger also introduced a feature to send tips to content creators in digital assets.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Umbra's Public Launch Follows High Demand for Privacy Solutions

chest

Umbra's public launch follows high demand for privacy solutions.

user avatarAyman Ben Youssef

Umbra Launches Privacy Wallet on Solana

chest

Umbra has officially launched its privacy wallet on Solana, enabling private on-chain transactions and fully shielded transfers between private addresses.

user avatarKofi Adjeman

Umbra Introduces Encrypted Finance Infrastructure

chest

Umbra introduces a secure wallet utilizing Arcium's encrypted execution engine for processing transactions on the blockchain.

user avatarTando Nkube

Umbra Wallet Enhances Privacy and Compliance

chest

The Umbra wallet offers complete confidentiality for transactions while integrating compliance tools.

user avatarNguyen Van Long

Grant Cardone Predicts Bitcoin Price at $280,000

chest

Grant Cardone claims Bitcoin should be valued at $280,000, raising questions about market implications.

user avatarSatoshi Nakamura

HSBC Significantly Lowers Tesla Stock Price Target

chest

HSBC has significantly lowered its 12-month target for Tesla's stock from 133 to 119, maintaining a Sell rating amid concerns about brand damage and competition.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.